Us Budget Deficit 2024 And 2024. The federal budget deficit totaled $830 billion in the first five months of fiscal year 2024, cbo estimates. Fy 2024 budget resolution fy 2024 budget.

That amount is $108 billion more than the deficit recorded during the same period last fiscal year. Meanwhile, the budget deficit in 2020 was about $3.1 trillion, the largest in u.s.